Perth Road , Dundee, Dundee, DD2
Scotland
£425,000
Listed on 29/08/2026
Listed on 29/08/2026
The listing
Property details
Bedrooms
N/AType
PlotFeatures
- Balcony
Description
A development site in Dundee’s West End is offered with full planning permission under Dundee City Council reference 24/00708/FULL. The approved scheme provides five apartments: four two-bedroom homes of approximately 62 sq m each across the first and second floors, and a three-bedroom penthouse of approximately 117 sq m on the third floor. Each apartment is designed with a private balcony of around 10 sq m.
The plans also include a ground-floor retail unit, creating a proposed mixed-use building on a site of approximately 194 sq m. The West End location is close to local shops, cafés and restaurants, the University of Dundee and Ninewells Hospital. The consented scheme offers a defined development route, subject to verification of the planning documents and all relevant technical and delivery requirements.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
32out of 100
Grade ELow opportunity
Confidence: LOW
This is a development-site proposition rather than a house renovation: the fenced, overgrown corner plot has no completed residential accommodation, while the listing presents a consented mixed-use scheme of five apartments with balconies and a ground-floor retail unit. Its West End location and stated planning permission give the project a clear starting point, but verify the consent, conditions and delivery requirements before relying on the scheme.
At £425,000, the asking price is £338 per sq ft against a local average of £189, so the price looks expensive on this measure. The overall WHOTS score is 32/100, grade E: the location is a strength, but weak price value and limited economics weigh heavily, alongside the scale of delivering a full development rather than a cosmetic refresh.
Key opportunities
- Deliver the stated mixed-use scheme: five contemporary apartments, including a larger three-bedroom penthouse, alongside a ground-floor retail unit.
- Make use of the street-corner position and planned private balconies to create a distinctive urban residential offering.
- The plot offers a defined development canvas in a built-up West End location close to local amenities, the university and Ninewells Hospital.
Key risks
- Vacant, overgrown site and no completed accommodation: this is a substantial ground-up development programme, requiring delivery of the approved scheme rather than a cosmetic refresh.
- Verify the stated planning consent, its conditions and delivery requirements before relying on the proposed mixed-use development.
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Transport
Nearest stations
Dundee Rail Station
0.7 miles
Train · Dundee
Invergowrie Rail Station
2.6 miles
Train · Invergowrie
Broughty Ferry Rail Station
4.5 miles
Train · Broughty Ferry
Balmossie Rail Station
5.9 miles
Train · Monifieth
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£1,737
Based on a loan of £318,750 over 30 years at 5.13% interest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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This calculation uses non-residential (land/commercial) tax rates.
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